Inside the Rise of Prediction Markets | Chris Paul’s Clippers Exit

Prediction markets are suddenly everywhere, and Baker Machado sits down with Dan Roberts to break down why platforms like Polymarket and Kalshi are exploding. With huge valuations, bold marketing tactics, and league partnerships, these companies are reshaping how fans interact with sports outcomes, political events, and cultural moments. Plus, the team discusses the social media strategies that have made these platforms impossible to ignore, from edgy AI-generated memes to viral trolling campaigns. They explore how these tactics attract a younger online audience, why investors are pouring in, and what the growth of prediction markets means for traditional sportsbooks trying to catch up. Also, we look at Chris Paul’s surprising overnight departure from the Clippers and what it signals for his future, as well as how shifting league policies, state regulations, and major tech investors are influencing the next phase of sports betting. It’s a wide-ranging conversation that blends business, culture, tech, and the evolving fan experience. There are risks when investing in ETFs, including possible loss of money. ETFs’ risks are similar to those of stocks. Investments in the tech sector are subject to greater risk and more volatility than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Consider the fund’s investment objectives, risks, charges, and expenses before investing. Visit Invesco.com for a prospectus with this information. Read it carefully before investing. Invesco Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices